Barrick invests $13m in CSR

Barrick Lumwana Mining has invested more than US$ 13 million in corporate social responsibility (CSR) in the past 10 years.

The specific areas have been community projects aimed at improving local infrastructure, education, health and community facilities.

Barrick Lumwana Mining Executive Director Nathan Chishimba confirmed. Mr Chishimba said an extra US$3 billion has spent on Zambian companies in procuring various goods and services to run the mine operations in its ten years existence in the country.

“Lumwana has been a true contributor to Zambia in its last 10 years of operation. The company has spent US$3.9 billion on various goods and services. US$3 billion has been spent on Zambian companies. With such investment Barrick Lumwana prides its self as an honest band veritable partner to our stakeholders,” Mr Chishimba said.

He said through its community intervention, the mining firm has empowered over 2,000 women in programs focusing on improving literacy, wealth creation and providing business management skills.

He added that the mining firm believes in partnerships with the local communities because it is from such partnerships that Lumwana mine is one of the thriving mines in the country.

“The company in 2017 rolled out an employee share ownership plan that covers 100 percent of its work force. Under this plan, the employees benefit from any profits the company makes and all taxes are covered by the company,” he said.